CHICAGO, Ill. (RFD News) — Energy markets are beginning to settle as tensions between the United States and Iran ease and the Strait of Hormuz returns to normal operations.
GasBuddy petroleum analyst Patrick De Haan joined us on Thursday’s Market Day Report to discuss what the reopening of the shipping lane could mean for fuel prices and how quickly markets may stabilize.
He also shared his outlook for diesel prices and other factors he believes will influence energy markets moving forward.
Related Stories
Dr. Faith Parum discusses USDA’s Cost and Returns Report, farm input trends, fertilizer market volatility, and the potential impact of global energy stability on agriculture.
Nebraska Farm Bureau’s Jordan Dux joins us to discuss Farm Bill priorities, E15 policy, livestock industry concerns, and efforts to ensure agricultural voices are represented in federal policymaking.
Industry leaders say ethanol continues to support farm income and rural investment.
NCBA is focused on hours-of-service regulations and support for increased truck weight limits, which would allow haulers to move more cattle with fewer trucks.
Experts note that economic growth, fuel demand, and energy diversification are opening new opportunities for U.S. grain and ethanol exports in Southeast Asia.
The Potter Valley Project has provided irrigation water and hydroelectric power for over 100 years in Northern California, serving agriculture and municipal users.